Is it pretty standard for your accountant to roll your LLC and Personal taxes into one return? That is what mine did for 2018 and has done with 2019, as I have been paying quarterly so as not to have such a big amount...

Hello, a lot has been written about the "STR Loophole".  My situation is that my STR averages less than 7 days, I have material non-passive participation, so that I qualify for the "loophole".  I do not provide substa...

We use QB for accounting and Rent Manager for PM (I often feel like it uses us - although there customer service reps are great). I was wondering how people do classing for MF properties. We have 60+ doors. Most multi...

I am getting prepared for taxes and I'm reviewing many of my expenses for a property in the last year.Do I need to categorize my home depot and Lowes expenses based on whether the item was purchased was used for a rep...

Hey Guys! I have a question regarding LLCs. I currently have an LLC, which i have bought and sold all of my flip properties under. After investing in flip properties since January 2013, i have decided to get in to the...

Hi everyone!
I have a mobile home park in Idaho which will have an onsite property manager. Does anyone know if this individual needs to be a W2 or can I hire on a 1099? I have received mixed information regarding ...

Hello, I am in the process of purchasing my first multi family property and ran into something that doesn't seem normal to me. From my understanding it is not uncommon to ask a seller for the Schedule E. Also my bank ...

Hello, I want to know if anyone has templates for general and sub-contractor contracts or information on how to structure the contracts for maximum benefit, safeguards, schedules, etc. Any information would be helpful. 

Hi All,Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses? Perhaps as a syndication or credit fund? 

Hi Everyone,I'm a property manager in Chicago. Our owners have always paid their own utilities, but I've decided to start offering to pay utilities for them. I'm trialing this out with one client. Creating a business ...